questionText: To ask the Chancellor of the Exchequer, what recent assessment he has made of the potential impact of proposals in the Prudential Regulation Authority Consultation Paper 16/22 on the Implementation of the Basel 3.1 standards on SME lending.
answerText: The PRA is implementing Basel 3.1 as part of the UK’s Smarter Regulatory Framework. As part of this, the government has legislated for an accountability framework to ensure the PRA consider the impact of its implementation of Basel 3.1 on the wider impact...
heading: Small Businesses: Loans